Bank of America Mortgage Loans definition
Examples of Bank of America Mortgage Loans in a sentence
All scheduled payments of principal and interest due on or before the Cut-off Date but collected after the Cut-off Date, and recoveries of principal and interest collected on or before the Cut-off Date (only in respect of principal and interest on the Bank of America Mortgage Loans due on or before the Cut-off Date and principal prepayments thereon), shall belong to, and be promptly remitted to, the Seller.
The Purchaser will assign to the Trustee, all of its right, title and interest in and to the Bank of America Mortgage Loans.
First Horizon Home Loan Corporation, and its successors and assigns, in its capacity as Servicer of the Bank of America Mortgage Loans.
The Transferor hereby makes the representations and warranties set forth in Schedule II hereto with respect to the Bank of America Mortgage Loans, and by this reference incorporated herein, to the Depositor and the Trustee, as of the Closing Date, or if so specified therein, as of the Cut-off Date.
The consideration received by the Seller upon the sale of the Bank of America Mortgage Loans to the Purchaser will constitute reasonably equivalent value and fair consideration for the Bank of America Mortgage Loans.